American State Bank - Detroit, MI

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 14, 1943
Location: Detroit, Michigan (42.331, -83.046)

Metadata

Model: gpt-5-mini
Short Digest: a664b4e6

Response Measures

None

Description

Article (Detroit Evening Times, 1943-12-14) refers to the 'defunct American State Bank' and mentions a federal receiver; no run or withdrawals are described. This indicates the bank had closed and a receiver was appointed. Exact suspension/closure date not given in the excerpt; receivership is confirmed by the fee order reported on 1943-12-14.

Events (1)

1. December 14, 1943 Receivership

Newspaper Excerpt: suit to recover interests held by the federal receiver of the First National Bank, Detroit, for 350 stockholders of the defunct American State Bank.
Source: newspapers

Newspaper Articles (1)

1. December 14, 1943 Detroit Evening Times Detroit, MI

Article from Detroit Evening Times, December 14, 1943

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Article Text

Attorney Gets $15,000 As Bank Case Fee Harry H. Platt, Detroit attorney, today had been allowed $15,000 in a fee order signed by Federal Judge Picard. The fee was for services given in connection with a suit/to recover interests held by the federal receiver of the First National Bank, Detroit, for 350 stockholders of the defunct American State Bank.